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Sub-Saharan Africa leads the world’s emerging markets in electronic payment regulation

The Economist’s 2014 Global Microscope Index and Report (GMI) assesses the regulatory environment for financial inclusion in 55 emerging economies across 12 indicators (scored out of 100, 100=best). Six of the top 20 economies on the GMI are from Sub-Saharan Africa (SSA) and include Tanzania, Kenya and Rwanda  -  outperforming Brazil and China in financial inclusion. Regionally SSA ranks third with an average GMI score of 44  which is higher than the Middle East and North Africa (30) and Eastern Europe and Central Asia (43).
Government Support for Financial Inclusion is one of the 12 sub-indices for the GMI. Four of the 10 leading countries in this sub-index are from SSA and are led by Rwanda (100) and Tanzania (100), which are tied in first place globally. SSA also has strong regulatory and supervisory capacity for Financial Inclusion with four SSA countries in the top 10 list, including Kenya (89) and Tanzania (89) in a third-place tie. SSA ties with Central Europe and East Asia as having the world’s best electronic payments and mobile money regulations.
Data: The Economist – Global Microscope 2014  
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